Ways to Reduce Anxiety Surrounding Money
Money is often a taboo topic, yet financial strain can trigger chronic anxiety in people. People suffering from anxiety linked to money are often embarrassed to admit it. They feel that admitting to a counselor that they struggle to pay their bills and put food on the table somehow makes them less worthy of mental health help. So, the cycle continues. Let’s normalize speaking freely about money issues and how they affect mental health, starting with ways to reduce anxiety surrounding money. Dealing with Anxiety Surrounding Money Anxiety can make it difficult to sleep at night, and if you struggle to keep up with the expenses, then you are familiar with those sleepless nights. Knowing it could be a debt collector, you may be well acquainted with panic attacks, heart palpitations, and trembling when the phone rings. If you are looking for ways to reduce anxiety over money, you have come to the right place. The following list delves into actions you can take today to gain control of your finances. Feeling in control, setting goals, and making headway in your finances will create a sense of accomplishment. You will have more confidence in yourself and trigger the brain’s reward center, lowering your stress level. Make budgeting your friend The first step to learning ways to reduce anxiety about money is to become aware of your monthly income and expenses. The next step is to budget your income, so you know exactly what you have to work with monthly. Dave Ramsey, the financial radio show host, recommends using a zero-based budget. To start, you list your income for the month and then assign money to each of your expenses down to the dollar. Always start with the basics, such as tithing, savings, mortgage or rent, utility bills, groceries, and [...]
